恒指收跌403点，科指连跌六日

Core Insights - The report indicates a decline in the Hang Seng Index by 403 points, marking a 1.6% drop, with the index closing at 24,773 points. The technology index also fell for six consecutive days [3][4] - The report highlights that Hong Kong's GDP for Q2 is estimated to grow by 3.1%, surpassing market expectations of 2.8%, supported by strong export performance and improved local demand [7] - Retail sales in Hong Kong showed a modest increase of 0.7% in June, but the overall retail environment remains weak, with significant declines in certain sectors like furniture [8] Market Performance - The Hang Seng Index opened lower and fell below the 25,000 mark, with a maximum drop of 432 points during the trading session [3] - The total trading volume for the day was 32.06 billion HKD, with net inflows from northbound trading reaching 13.13 billion HKD [3] - The report notes that the Hang Seng Index has seen a total increase of 701 points or 2.9% in July, marking three consecutive months of gains [4] Economic Indicators - The report states that private consumption expenditure in Q2 rose by 1.9% year-on-year, while government consumption expenditure increased by 2.5% [7] - Merchandise exports grew by 11.5%, and imports rose by 12.7%, indicating robust external demand [7] - The report mentions a significant drop in Hong Kong dollar deposits by 0.9% in June, while foreign currency deposits increased by 2.4% [9] Company News - China Ruiyi announced a placement of 1.3 billion new shares at a discount of approximately 4.5%, raising about 3.9 billion HKD for strategic investments and operational expenses [11] - XPeng Motors reported a record delivery of approximately 36,700 smart electric vehicles in July, representing a year-on-year increase of 2.3 times [12] - Melco Resorts reported a 20% decline in net income for Q2, despite an overall increase in operational revenue by 14.54% [13]